Series 24: 3.6. Cash Accounts

Taken from our Series 24 Online Guide

3.6. Cash Accounts

A plain vanilla brokerage account is a cash account. In a cash account, the investor must pay the full amount for the securities she purchases. Broker-dealers must pay for purchased securities by the regular way settlement date, and the securities cannot be sold again until payment has been made. Most securities transactions settl

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Series 24: 3.6. Cash Accounts

Taken from our Series 24 Online Guide

3.6. Cash Accounts

Since you're reading about Series 24: 3.6. Cash Accounts, you might also be interested in:

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